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Where does the power of money come from? Why is trust so important in financial operations? How does the swapping of gifts differ from the exchange of commodities? Where does self-interest stop and communal solidarity start in capitalist economies? These issues and many more are discussed in a rigorous, yet readable, manner in Social Foundations of Markets, Money and Credit. It is shown in particular that capitalist economies are permeated with non-economic characteristics. This carefully argued book will prove interesting and valuable to students and researchers not only in economics, but also in sociology and anthropology. Well-informed critics of capitalism will also find it a useful read.

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Book Details

ISBN: 9780415318051
ISBN-10: 041531805X
Format: Hardback
(234mm x 156mm x 14mm)
Pages: 192
Imprint: Routledge
Publisher: Taylor & Francis Ltd
Publish Date: 4-Sep-2003
Country of Publication: United Kingdom

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Author Biography - Costas Lapavitsas

Costas Lapavitsas is Senior Lecturer in Economics at the School of Oriental and African Studies, University of London, UK. He is co-editor of Development Policy in the Twenty-First Century, also available from Routledge.

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